NEW YORK--(BUSINESS WIRE)--The Law Offices of Vincent Wong are investigating potential claims against the Board of Directors of Exelis Inc. (NYSE:XLS) (“Exelis”) in connection with the sale of the Company to Harris Corporation.
Click here to learn about the case: http://docs.wongesq.com/XLS-Info-Request-Form-597. There is no cost or obligation to you.
Under the terms of the transaction, Exelis shareholders will receive $16.625 in cash and 0.1025 of a Harris share for each share of Exelis stock they own. The investigation concerns whether the Board of Exelis breached their fiduciary duty to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether Harris Corporation is underpaying for Exelis shares.
If you own common stock in Exelis and wish to obtain additional information, please contact Vincent Wong, Esq. either via email vw@wongesq.com, by telephone at 212.425.1140, or visit http://docs.wongesq.com/XLS-Info-Request-Form-597.
Vincent Wong, Esq. is an experienced attorney that has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.